Every month the RBI publishes the Sectoral Deployment of Bank Credit, splitting total bank credit across about 20 sectors (agriculture, industry, housing, vehicles, credit cards, gold loans, lending to NBFCs). TigZig loads it into an interactive tool (Tremor -> India Credit), monthly from December 2022, so you can sort by growth, by share of the total, or by share of new credit added, and download the full reconciled series as CSV.
As of May 2026: total bank credit is about 215 lakh crore, up roughly 18% year on year. The mix is the story - loans against gold jewellery grew about 105% and bank lending to NBFCs about 34%, while housing grew only ~11% and credit cards were roughly flat. The driver is capital rules (the RBI's 2023 risk-weight hike on unsecured lending, partly rolled back in 2025) plus a rising, then falling, gold price.
Tool + full CSV: https://www.tigzig.com/tremor (India Credit). Full analysis with sources: https://www.tigzig.com/post/india-bank-credit-may2026. Methodology + validation: https://www.tigzig.com/tremor/india-credit-methodology.
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